Answered step by step
Verified Expert Solution
Question
1 Approved Answer
SECTION B FINANCIAL LITERACY 4. Effects of credit sales on the Accounting Equation. (8) TRANSACTIONS : JUNE 2019 11 Sold goods on credit to Mr
SECTION B FINANCIAL LITERACY 4. Effects of credit sales on the Accounting Equation. (8) TRANSACTIONS : JUNE 2019 11 Sold goods on credit to Mr Potata R1680. Cost Price R800.- 17 Mr Potata returned damaged goods R84. Cost price R40. Destors control -Trading sick, sales, cost sales 5. POSTING TO THE GENERAL LEDGER AND DEBTORS LEDGER Post the totals of the Debtors and Allowances Journals to the Debtors ledger (6) and the General ledger (10) on Deblers! caral sale 324 Doc DEBTORS OF JOURNAL OF ALMA TRADERS ON JULY 2019 Day Debtor Fo Sales 21 J Doolan D1 1674 1674 DEBTORS ALLOWANCES JOURNAL OF ALMA TRADERS ON JULY 2019 Cost of Sales 1046.25 1046.25 Credid. Fo Doc 37 Day 26 Debtor Doolan D1 Allowances 500 500 Cost of Sales 210 210 Good Luck, God Bless you
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started